Posts Tagged ‘Korea’

10 Things You Need To Know That Are Going On This Weekend

SPECIAL EDITION: 10 Things You Need To Know That Are Going On This Weekend

Courtesy of Joe Weisenthal, at Clusterstock 

It’s a Saturday, but it certainly doesn’t feel like it, because there’s a heck of a lot going on. 

Here’s what you need to be paying attention to this May Day.

  • Greece/IMF/EU talks continue. According to Greek government officials, some kind of announcement may be made today. The market is hoping to hear something that’s orders of magnitude stronger than any bailout announcement we’ve gotten so far, or otherwise the feeling will be that it can and will fall through again.
  • Of course, there are fresh violent, anti-austerity protests going on today in Athens. The fact that it’s May Day, a day for celebrating anti-capitalism only adds to the tension.
  • New reports suggest the criminal probe into Goldman Sachs is not just a perfunctory follow-on to the SEC charges, but rather a truly separate thing that’s wider than Abacus, and that started before the SEC’s investigation. HUGE.
  • With just five days before the election, UK’s The Guardian has endorsed the Liberal Democrats, the country’s biggest third party. Its leader, Nick Clegg, has surged thanks to a string of strong debate performances, Gordon Brown’s disastrous campaigning, and a lingering sense of unease with the conservatives.


    continue reading


    Tags: , , , , , , , , , , , , , , ,




     
     
     

    Phil's Favorites

    We should look closely at Britain's decision to elect a man so renowned for his untrustworthiness

     

    We should look closely at Britain's decision to elect a man so renowned for his untrustworthiness

    Courtesy of Barry Richards, Bournemouth University

    In previous British elections, to say that trust was the main issue would have meant simply that trust is the trump card – whichever leader or party could secure most trust would win. Now, the emerging question about trust is whether it even matters anymore.

    This is at least partly because Brexit has deepened the crisis of trust. The 2019 election was always going to be about Brexit – and not only because some people would vote according to where they stood on the matter. It was also because the emo...



    more from Ilene

    Zero Hedge

    Trade-Deal Rumorgasm Sparks Stock Meltup To Record Highs, Bond Bloodbath

    Courtesy of ZeroHedge View original post here.

    It's a deal... again...

    Oct 11: NEWS "Trump says the US has come to a substantial phase one deal with China"

    Dec 12: RUMOR *TRUMP: GETTING VERY CLOSE TO A BIG DEAL WITH CHINA

    Dec 12: RUMOR *U.S. NEGOTIATORS OFFER TO CANCEL NEW DEC. 15 CHINA TARIFFS: DJ

    Dec 12: NEWS/RUMOR "Trump says he and China reached a 'phase one' trade deal in principle"

    And that was good enough for new record highs for stocks...



    more from Tyler

    Insider Scoop

    The Daily Biotech Pulse: European Nod For Amgen, miRagen Overhauls Clinical Pipeline, Tonix Snags Patent Win

    Courtesy of Benzinga

    Here's a roundup of top developments in the biotech space over the last 24 hours.

    Scaling The Peaks

    (Biotech stocks hitting 52-week highs on Dec. 11)

    • Acceleron Pharma Inc (NASDAQ: XLRN)
    • Aimmune Therapeutics Inc (NASDAQ: AIMT)
    • Aprea The...


    http://www.insidercow.com/ more from Insider

    Digital Currencies

    Three Men Arrested In NJ For Running Alleged $722 Million Crypto Ponzi Scheme

    Courtesy of ZeroHedge View original post here.

    Authored by Kollen Post via CoinTelegraph.com,

    United States authorities in New Jersey have announced the arrest of three men who are accused of defrauding investors of over $722 million as part of alleged crypto ponzie scheme BitClub Network, per a Dec. 10 announcement from the Dep...



    more from Bitcoin

    Kimble Charting Solutions

    Is Freeport McMoRan (FCX) Making A Run For the "Gold"?

    Courtesy of Chris Kimble

    Mining company Freeport McMoRan NYSE: FCX is enjoying the tailwind from a strong year for gold and silver prices. And although Copper prices are down, Copper has been turning up lately.

    This has helped Freeport’s stock price recover in 2019 and has FCX testing a key breakout level.

    Below is a “weekly” chart of Freeport McMoRan (FCX). The shaded channel outlined by each (1) highlights the longer-term downtrend that FCX has been stuck in.

    But this could change on a dime, especially if FCX can breakout above (2). This area represents its re...



    more from Kimble C.S.

    Lee's Free Thinking

    Chart Shows the Fed Ramping Up Not QE - Funding Almost All Treasury Issuance

     

    Chart Shows the Fed Ramping Up Not QE – Funding Almost All Treasury Issuance

    Courtesy of Lee Adler, Wall Street Examiner 

    The Fed is ramping up “Not QE” .

    The Fed bought $2.2 billion in notes today in its POMO, “not QE,” operations. Actually $2.15 billion because they sold back a whole $50 million. Must have been a little glitch in the force.

    This brings the Fed’s total outright purchases of Treasuries to $170 billion since it started Not QE, on September 17.

    It also did $107 billion in gross new repo loans to Primary Dealers to buy Tre...



    more from Lee

    Chart School

    Silver stock taking the sector higher

    Courtesy of Read the Ticker

    As the US economy begins to show late cycle characteristics like: GDP slowing, higher inflation, higher wage costs, CEO confidence slump. 
    Previous Post: Gold Stocks Review

    The big players in the market are looking for the next swing off good value lows. This means more money is finding it way into the gold and silver sector, and it is said gold and silver stocks actually lead the metal prices. The cycle below shows prices are ready to move in the months ahead (older chart re posted).




     

    Click for popup. Clear your browser cache if ...



    more from Chart School

    Members' Corner

    Sacha Baron Cohen Uses ADL Speech to Tear Apart Mark Zuckerberg and Facebook

     

    Sacha Baron Cohen Uses ADL Speech to Tear Apart Mark Zuckerberg and Facebook

    By Matt Wilstein

    Excerpt:

    Sacha Baron Cohen accepted the International Leadership Award at the Anti-Defamation League’s Never is Now summit on anti-Semitism and hate Thursday. And the comedian and actor used his keynote speech to single out the one Jewish-American who he believes is doing the most to facilitate “hate and violence” in America: Facebook founder and CEO Mark Zuckerberg.

    He began with a joke at the Trump administration’s expense. “Thank you, ADL, for this recognition and your work in fighting racism, hate and bigotry,” Baron Cohen said, according to his prepared...



    more from Our Members

    The Technical Traders

    VIX Warns Of Imminent Market Correction

    Courtesy of Technical Traders

    The VIX is warning that a market peak may be setting up in the global markets and that investors should be cautious of the extremely low price in the VIX. These extremely low prices in the VIX are typically followed by some type of increased volatility in the markets.

    The US Federal Reserve continues to push an easy money policy and has recently begun acquiring more dept allowing a deeper move towards a Quantitative Easing stance. This move, along with investor confidence in the US markets, has prompted early warning signs that the market has reached near extreme levels/peaks. 

    Vix Value Drops Before Monthly Expiration

    When the VIX falls to levels below 12~13, this typically v...



    more from Tech. Traders

    Biotech

    Why telling people with diabetes to use Walmart insulin can be dangerous advice

    Reminder: We are available to chat with Members, comments are found below each post.

     

    Why telling people with diabetes to use Walmart insulin can be dangerous advice

    A vial of insulin. Prices for the drug, crucial for those with diabetes, have soared in recent years. Oleksandr Nagaiets/Shutterstock.com

    Courtesy of Jeffrey Bennett, Vanderbilt University

    About 7.4 million people ...



    more from Biotech

    Mapping The Market

    How IPOs Are Priced

    Via Jean Luc 

    Funny but probably true:

    ...

    more from M.T.M.

    Promotions

    Free eBook - "My Top Strategies for 2017"

     

     

    Here's a free ebook for you to check out! 

    Phil has a chapter in a newly-released eBook that we think you’ll enjoy.

    In My Top Strategies for 2017, Phil's chapter is Secret Santa’s Inflation Hedges for 2017.

    This chapter isn’t about risk or leverage. Phil present a few smart, practical ideas you can use as a hedge against inflation as well as hedging strategies designed to assist you in staying ahead of the markets.

    Some other great content in this free eBook includes:

     

    ·       How 2017 Will Affect Oil, the US Dollar and the European Union

    ...

    more from Promotions





    About Phil:

    Philip R. Davis is a founder Phil's Stock World, a stock and options trading site that teaches the art of options trading to newcomers and devises advanced strategies for expert traders...

    Learn more About Phil >>


    As Seen On:




    About Ilene:

    Ilene is editor and affiliate program coordinator for PSW. She manages the site market shadows, archives, more. Contact Ilene to learn about our affiliate and content sharing programs.

    Market Shadows >>